Explain why you agree or disagree with the following statement: In October 2018 , recreational cannabis was legalized in Canada. Ceteris paribus, this will have no effect on measured Canadian real GDP in subsequent years because cannabis was used even before this change.

Explain why you agree or disagree with the following statement: In October 2018 , recreational cannabis was legalized in Canada. Ceteris paribus, this will have no effect on measured Canadian real GDP in subsequent years because cannabis was used even before this change.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please answer ASAP. And give reason why.

Explain why you agree or disagree with the following statement:
In October 2018, recreational cannabis was legalized in Canada. Ceteris paribus, this will have no
effect on measured Canadian real GDP in subsequent years because cannabis was used even
before this change.

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